Asian Shares Advance Amid Chinese AI Optimism: Markets Wrap

Asian Shares Advance Amid Chinese AI Optimism: Markets Wrap

(Bloomberg) — Asian stocks gained as AI optimism boosted tech shares in Hong Kong and China, while other investors remained cautious due to tensions between the US and European Union over tariffs and the war in Ukraine.

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Tencent Holdings Ltd. jumped as much as 7.8% in Hong Kong, extending a winning run that’s gotten a boost from DeepSeek’s debut. A gauge of Asian shares rose to its highest level since November, helped by technology companies. The dollar was…

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